Landslide victory for Labour party predicted
We're on the verge of a general election if we go with what the opinion polls predict it's looking like a landslide victory for the labour party. This will have a big impact on the private rental sector for lettings agents and landlords, but that's a blog for another day.
What we are going to be looking at today is the rental market in Wandsworth - we're already halfway through the year or (Q3) which traditionally speaking is the best period to rent out your property.
Bullish rental market in Wandsworth over the summer months!!
(Q3) brings with it the summer months and the rents for any property with outside space in Wandsworth and surrounding areas is a bullish one. There are many corporate tenant(s) entering the market with better budgets, than the norm, via relocation agents who we work with. This means now is a good time to put your property on the market and attract corporate tenant(s).
Any property with outside space and in good condition especially 3 and 4 bedroom houses will carry a premium for this time of year. They hold a higher intrinsic value to families and corporate tenant(s) who want to settle in an area to accommodate their; lifestyles, careers and their children’s education.
In addtion the short let market for holiday lets peaks during the summer months and you could attract an addtional 60% on top of what you are currently achieving as a long let. Although please note the property must be fully furnished and bills are included. Another important factor is the location as this would attract the tourist market looking for close proximity to Central London. If you would like to enquire more about this service please contact us for more details.
Are you a portfolio landlord looking for corporate tenants?
We will offer good competitive rates for letting your property and get you the best quality tenants available in today’s Wandsworth rental market!!
Rent your property in Wandsworth with us over the summer months!!
You may be an accidental landlord and would like further advice, you may have your own unique reasons as to why you would like to rent out your property. It could be a job relocation, you maybe an existing professional landlord unhappy about the level of service provided by your current agent? Maybe you would like to buy and let your current property out, but are not quite sure?
Whatever the reason, why not Get in touch as we may be able to help you point you in the right direction, providing you with the stepping stones toward making the right decision for you.
You can also call Matt on 020 8870 5800 for an informal chat!
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